Apartment 505, 3 Merchant Square, London, W2 1AZ is a leasehold flat The property offers approximately 947 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £825,596 , which equates to approximately £872 per square foot. It was last sold on 15 Sep 2014 for £939,200. Since then, the value has decreased by £113,604, representing a 12.1% decrease, or approximately 1.1% per year.

The current estimated value of £825,596 is:

  • 41.2% lower than the average property price on Merchant Square
  • 28.8% lower than the average in the W2 1AZ postcode area
  • and 1.2% lower than the average price for London as a whole

At the most recent EPC inspection on 16 July 2014, the property was recorded as owner-occupied.

View sold house prices in W2 1AZ

Building approximate location

About Property

Type
Flat
Built
Interior Size
947 sq ft
Tenure
Leasehold
Price (estimate)
£825,596
Price Per sq ft (estimate)
£872
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 505, 3 Merchant Square, London, City Of Westminster, Greater London Authority, W2 1AZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Jul 2014.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are high performance glazing.

Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Walls
Average thermal transmittance 0.86 W/m-¦K
Average
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1AZ

50 th / 70
Price Rank
29% lower than average
38 th / 70
Size Rank
0% same size than average
69 th / 70
Price Per Sq FT Rank
29% lower than average

Compared to other properties in W2 1AZ , this flat's estimated value ranks 50th out of 70. Based on price per square foot, it ranks 69th out of 70 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 38th out of 70 properties in its postcode area.

Sale History

Today
£825,596
streetscan.co.uk estimate
-12 %
15 Sep 2014
£939,200
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £1,400,000
sale date: 25 Jun 2024
rooms:
size: 980 sq ft
sale price: £1,530,000
sale date: 6 Jan 2023
rooms:
size: 1076 sq ft
sale price: £1,700,000
sale date: 9 Dec 2021
rooms:
size: 915 sq ft
sale price: £1,550,000
sale date: 20 Nov 2017
rooms:
size: 947 sq ft
sale price: £1,300,000
sale date: 2 Apr 2015

Data Sources

The property at Apartment 505, 3 Merchant Square, London, City Of Westminster, Greater London Authority, W2 1AZ appears once in the Land Registry records, with the transaction recorded on 15 Sep 2014. It also has a single Energy Performance Certificate (EPC) from 16 Jul 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.